Fastly stock fell 38.5% in less than a month.
Shares dropped from $32.36 on May 5, 2026, to a current price of $19.91.
Trefis analysis suggests the stock could decline further to the $14 level.
This $14 target represents a price point the stock visited within the last five years.
Historical data shows a median return of -11% over the 12 months following similar sharp declines.
Past performance suggests caution for investors considering buying the dip in FSLY stock.